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Medx Health Corp V.MDX

Alternate Symbol(s):  MDXHF

MedX Health Corp. is a medical device and software company. It develops and manufactures skin-related screening tools and phototherapy devices for pain relief and tissue repair. It focuses on skin health with its SIAscopy on DermSecure telemedicine platform, utilizing its SIAscopy technology. SIAscopy is a medical device technology that is used to scan skin for suspicious moles and lesions and, including DermSecure, its telemedicine software application, and phototherapeutic medical devices, which use light energy in lower-level laser and light-emitting diode to provide treatment of pain and tissue damage in the rehabilitation market. Its products SIAMETRICS, SIMSYS, and MoleMate include hand-held devices that use technology utilizing light and its remittance to view suspicious moles and lesions up to two millimeters (mm) beneath in a pain-free, non-invasive manner. Its SIAscopy on DermSecure telemedicine platform enables the Web-based operation of its SIAscopy scanning technology.


TSXV:MDX - Post by User

Post by Betteryear2on Jan 17, 2022 4:27pm
134 Views
Post# 34326028

Addition of Three New Screening Services Locations

Addition of Three New Screening Services Locations

MISSISSAUGA, Ontario--()--MedX Health Corp. ("MedX" or the "Company") (TSXV: MDX), a global leader in teledermatology, is pleased to announce that MedX's leading-edge DermSecure® screening platform services are being offered in Empower's (CSE: CBDT | OTCQB: EPWCF) The Medi-Collective ("TMC") locations across Ontario, Canada.

"As we enter the New Year, we remain optimistic about the opportunity that lies before us," stated MedX VP of North American Sales, Paul Ziemer. "The pandemic has put incredible pressure on health care systems worldwide, further increasing wait times for those who may need it most. The early detection of skin cancer and timely access to care is critical to a successful patient outcome. We are now working with more and more partners like The Medi-Collective, who recognize the value of our platform and its ability to save lives ultimately. Demand for Dermsecure continues to grow, and we are confident that our strategic decisions and the investments in our platform have put us in a strong position to establish MedX as a vital tool in the battle against skin cancer."

The Medi-Collective is currently servicing patients in multiple Ontario communities and establishing itself as an emerging medical service provider in Canada's most populous province. In addition to its extensive roster of existing patients, TMC intends to offer MedX's screening service to walk-in patients shortly.

The Medi-Collective locations offering MedX Health DermSecure® Screening Services:

London, Ontario

Kitchener, Ontario

Etobicoke, Ontario

MedX's strategic model to date has focused on multiple market verticals, such as Pharmacy Networks, Medical Clinic and Building Hubs, Medical Scanning Clinics, Mobile and Remote Medical Practices, Esthetics and Skin Care Clinics. The partnership with TMC is the first launch of the MedX DermSecure® screening platform within Canada's primary physician clinic network.

MedX's physician-based model allows family practices with thousands of patients to enhance their healthcare offerings. Providing skin cancer screenings quickly and efficiently addresses patients' concerns over the current long wait times. Family practitioners have enthusiastically welcomed the MedX telemedicine platform. The service is non-invasive, secure, quick and easy to use in their offices and does not require specialized staff to perform scans.

Mike Druhan, MedX President, Dermatology Services, said, "With skin cancer rates continuing to rise since the 1990s, our partnership with Empower and The Medi-Collective provides an enormous opportunity to address the need for early and rapid detection of melanoma, improve patient outcomes, and potentially prevent lesions from unnecessarily becoming fatal. We are excited for what 2022 holds for MedX, as we anticipate more partnerships to grow our national and global presence and realize our purpose of saving lives."

Teledermatology is a subspecialty of dermatology that offers safe and effective virtual care – patient screening and assessment – eliminating the need for in-person appointments with a dermatologist. MedX is a global leader in teledermatology through its high-definition image capture technology, SIAscopy®, and its secure, cloud-based patient management system, DermSecure®, which transmits and stores patient data throughout the assessment process. MedX's SIAscopy® is the only technology globally that captures five high-resolution images of suspicious moles, lesions and skin conditions, including four spectrophotometric images 2mm below the skin's surface. This technology provides detailed patient scans for virtual assessment by a certified dermatologist within 72 hours.

About MedX Health Corp.:
MedX, headquartered in Ontario, Canada, is a leading medical device and software company focused on skin health with its SIAscopy® on DermSecure® telemedicine platform, utilizing its SIAscopy® technology. SIAscopy® is also imbedded in its products SIAMETRICS®, SIMSYS®, and MoleMate®, which MedX manufactures in its ISO 13485 certified facility. SIAMETRICS®, SIMSYS®, and MoleMate® include hand-held devices that use patented technology utilizing light and its remittance to view up to 2 mm beneath suspicious moles and lesions in a pain free, non-invasive manner, with its software then creating real-time images for physicians and dermatologists to evaluate all types of moles or lesions within seconds. These products are cleared by Health Canada, the U.S. Food and Drug Administration, the Therapeutic Goods Administration and Conformit Europenne for use in Canada, the US, Australia, New Zealand, the European Union, Brazil and Turkey. Visit https://medxhealth.com.


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